Quarterly report pursuant to Section 13 or 15(d)

12. Other Long-term Liabilities

v3.23.3
12. Other Long-term Liabilities
9 Months Ended
Sep. 30, 2023
Payables and Accruals [Abstract]  
12. Other Long-term Liabilities

12. Other Long-term Liabilities

 

Other long-term liabilities represent the Italian “Trattamento di Fine Rapporto” which is a severance amount set up by Italian companies to be paid to employees on termination or retirement.

 

Balances of other long-term liabilities were as follows:

   

September 30,

2023

 

December 31,

2022

Severance liability   $ 577,725     $ 464,851